Costs and Costum Of Owning A Boat

Costs Of Owning A Boat

Normally, the prices for new boats will vary depending on the size and make, although many dealers
and manufacturers will be willing to sell you one for less than the cost of a new car payment.  read also: Choosing The Right Engine and Boat

Financing your boat

Financing your boat is just like financing a new car.  Similar to car and home loans, loans for boats have become even easier and more flexible in recent years.  The terms will generally range from two to 20 years.  To get the most from financing, you should compare rates online.

Outfitting

All new boats are offered with a variety of options and accessories.  When you are pricing boats, make sure you factor in the costs of electronics,  accessories, and water toys - then buy what's appropriate for your boat type and size.

Most modern marine electronics are very reliable,  loaded with features, and more affordable than ever before.  Today's accessories can make boat trips more fun, safer, and easier than you ever thought possible.  read also: Choosing The Right Engine and Boat

Operating costs

Boating isn't like driving, as you aren't using gas all the time.  If you fish or swim with your boat, your actually not using the motor at all.  If you happen to own a sailboat, the motor is used
less.

Most boats today are less than 21 feet in length. All of these boats don't require a lot of gas, with
most using less than 50 gallons of gas per season.

Maintenance

Simply washing down your boat and trailer with fresh water after each use will keep them covered
between boat trips.  If you don't have the time to do it yourself, you can always hire a professional.

Insurance

The insurance for boats will vary by length and type. Therefore, you should consult your insurance agent for quotes, or simply shop online.

Custom Built Boats

Almost all boats are constructed on a production basis, as this is the most efficient means of production.  There's only one set of molds and many boats being built from the mold, reducing the cost of tooling per boat.  Normally, there are a limited number of options to make assembly-line production more efficient in terms of cost.  read also: Choosing The Right Engine and Boat

Leaving the ranks of production boats, there are several types of custom construction.  There are many boats built with a limited budget, which is  normally by amateurs.  If you don't want to build the boat yourself, the next level available is what sailors call "semi-custom" boats.

These semi customs are normally built by small or mid-sized shops out of one set of molds so the hull and decks could end up being identical.  The builders will, however, allow the owner to pick
out the interior and other options.

The true custom-built boat, or one of a kind boat,  is specifically designed and built from scratch for a single customer with an unlimited budget.  A true custom boat is a one on one project and can get very expensive before you know it.

Before you decide to go out and buy a custom boat,  you should give the used market another look.  Those who have built custom or even semi-custom boats in the past do put them on the market for sale at some point or another.

This is a much less expensive way to go, simply because you won't be paying a professional to design the boat from scratch.  You can find used boats that offer one of kind features and options, all you have to do is look around. read also: Choosing The Right Engine and Boat

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